China Caixin Manufacturing PMI - Forecast

Manufacturing PMI in China is expected to be 50.90 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in China to stand at 50.90 in 12 months time. In the long-term, the China Caixin Manufacturing PMI is projected to trend around 53.40 in 2020, according to our econometric models.


China Caixin Manufacturing PMI
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China Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 51.5 50.9 51.4 51.6 52 51
Non Manufacturing PMI 55 54 54.6 53 52.6 52
Manufacturing PMI 51 50.9 51.2 51.6 50.9 53.4
Services PMI 53.9 52.8 52.2 52.3 53 52
Industrial Production 6 6.5 6.4 6.2 6 5.2
Industrial Production Mom 0.36 0.7 0.3 0.51 0.1 0.3
Manufacturing Production 6 6.5 6 6.1 6.2 5.5
New Orders 53.2 52.58 52.58 52.64 52.63 52.64
Changes in Inventories 14186 13050 13612 13518 13424 14791
Total Vehicle Sales 2270000 2390259 2405034 2387178 2389599 2390991
Car Production 1930800 2036789 2044503 2031620 2033828 2034378
Car Registrations 1874200 2027668 2049179 2018426 2020696 2024431
Leading Economic Index 101 102 104 100 100 107
Internet Speed 7583 10226 10629 11021 11404 14747
IP Addresses 98862937 75461774 72038908 68739509 65559121 39428876
Steel Production 81127 80426 80796 80955 80892 80867
Mining Production 2.7 2.8 1.5 -0.5 -0.4 1.2
Capacity Utilization 76.8 78 78 78.3 78.4 78.5
Competitiveness Index 5 5 5 5 5 5
Competitiveness Rank 27 27 27 27 27 26
Composite Pmi 53 52.5 52.3 51.4 52.4 52.4
Cement Production 21521 19472 19740 19818 19729 19754
Corruption Index 41 41 41 42 42 42
Corruption Rank 77 78 78 94 93 77
Corporate Profits 2729830 5620000 7700000 1720000 3800000 8250000
Ease of Doing Business 78 79 79 78 78 77
Electricity Production 510800 529145 530354 530453 530392 530407